Adaptable coverages to meet construction challenges

In the dynamic world of construction, adaptable insurance coverages have become crucial. Rising material and labor costs, inflation impacts, and extended project durations are just a few of the hurdles faced by builders today. To stay ahead, construction professionals need insurance solutions that can evolve with these challenges, ensuring they have the protection they need when unforeseen issues arise. Understanding these complexities is vital for brokers who aim to provide top-notch service and support to their clients in the construction sector. Our latest episode of IB Talk dives deep into this topic, featuring insights from MECON Insurance, a leader in construction sector insurance across Australia and New Zealand. Join our host, Danny Wood, as he chats with MECON’s CEO, Glenn Ross, and General Manager, Kishan Dasan. They will share valuable information on emerging risks, current innovations, and how MECON’s unique insurance extensions are designed to meet the evolving needs of the construction industry. By tuning in, you will: - Learn about the significant cost drivers in construction insurance, including labor and material cost increases, and the impact of inflation on claims. - Discover MECON's three new insurance extensions tailored to address the latest challenges in the construction sector. - Understand how AI, robotics, and IoT are transforming construction sites and the associated insurance risks. - Gain practical advice from industry leaders on how to navigate the evolving landscape of construction insurance. - Stay ahead of the curve with predictions on how technology will continue to shape the construction industry and its insurance needs. Don't miss this opportunity to enhance your understanding of the construction insurance landscape. Listen to our latest podcast episode